MDSL Expands US Management Team with Appointment of Lou DeMaio as Chief Operating Officer, Americas

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MDSL

Oct 29, 2014, 10:00 ET

NEW YORK and LONDON, October 29, 2014 /PRNewswire/ --

MDSL, the leading provider of international Market Data Management (MDM) and Telecom Expense Management (TEM) solutions, today confirms the appointment of Lou DeMaio as Chief Operating Officer for its Americas operations. DeMaio's appointment takes place with immediate effect.

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MDSL is the market leader in international Market Data Management (MDM) and Telecom Expense Management (TEM) solutions, with offices in New York, London, Paris, Gothenburg, Tokyo and Hong Kong.MDSL Market Data ManagerÂ(R) is the de facto global standard, in use by over 90% of the worldâeuro(TM)s Tier-1 financial houses. With a range of software and services covering the full life cycle, from procurement to invoice reconciliation, MDSL currently manages over $6.5 billion of technology expenses annually. More than 150 customers in over 34 countries trust the companyâeuro(TM)s solutions to deliver tangible and measurable benefits to their bottom line. (PRNewsFoto/MDSL)
MDSL is the market leader in international Market Data Management (MDM) and Telecom Expense Management (TEM) solutions, with offices in New York, London, Paris, Gothenburg, Tokyo and Hong Kong.MDSL Market Data ManagerÂ(R) is the de facto global standard, in use by over 90% of the worldâeuro(TM)s Tier-1 financial houses. With a range of software and services covering the full life cycle, from procurement to invoice reconciliation, MDSL currently manages over $6.5 billion of technology expenses annually. More than 150 customers in over 34 countries trust the companyâeuro(TM)s solutions to deliver tangible and measurable benefits to their bottom line. (PRNewsFoto/MDSL)

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DeMaio joins from Deutsche Bank, where he was previously Director & Global Head, Market Data Service Delivery. During his time with Deutsche Bank, he pioneered a range of defining projects across four global teams, 300 vendors and 14,000+ end-users. His achievements include the complete rebuild of the bank's Thomson Reuters distribution platform, and leading its off-shoring and near-shoring initiatives in India and in Jacksonville, Florida to deliver services to all Deutsche Bank offices globally.

DeMaio will be responsible for leading MDSL's US operations and growing the company's Market Data "Managed Services" activities globally.

Ben Mendoza, MDSL CEO and founder comments: "We are delighted to welcome Lou DeMaio into the US management team. We are experiencing marked growth in all regions, and particularly in the US, where we're seeing significant take-up of our "managed services" propositions across all the sectors in which we operate. Lou's proven experience of service delivery can only add further to MDSL's capabilities and our customer's confidence in our services."

Additional appointments include Simon Thomson, who moves to a new position as CAO & Chief Alliance Officer. In his new role, Thomson will be responsible not just for day-to-day business administration but also for MDSL's expanding Channel Partners Programme in the region.

Mendoza continues: "We are also particularly pleased to see Simon Thomson lead our Alliances Programme in the USA. Our relationship with Technology and Channel Partners is an increasingly critical component of MDSL's ongoing growth as these partnerships help us to develop our ability to execute in new markets like M2M."

Further information

For more information on MDSL, visit http://www.mdsl.com

Press contacts

For media enquiries please contact:

Zoodikers: Jack Low on +44(0)1892-520123 or email [email protected]

SOURCE MDSL

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